A luxury resort could be coming to the Magic City Casino property, according to the Herald.
The resort at the 30-acre property could also have shopping centers and experience oriented attractions, the CEO of the company that is in contract to buy the casino told the paper.
PCI Gaming, d/b/a Wind Creek Hospitality announced this week that it has an agreement to acquire the property. The company is a subsidiary of the Poarch Band of Creek Indians.
The deal is expected to close later this Spring.
On Wednesday, the Florida Gaming Control Commission granted conditional approval to the sale.
The deal is rumored to be worth around $600 million, which could make it the most expensive gaming transaction in Florida’s history.
Magic City Casino is in the background, south of the Melreese golf course: